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Singapore's Telecom Terms
Likely to Attract Investments

By

Darren McDermott Staff Reporter of The Wall Street Journal

Updated Jan. 20, 1997 12:01 a.m. ET

SINGAPORE -- The attractive terms for entrants to the republic's telecommunications market make it likely that the government will draw many bidders willing to invest heavily in the island's infrastructure.

Singapore will allow two competitors in basic services to challenge Singapore Telecommunications, which loses its monopoly in cellular-telephony and paging in April and in basic fixed-line services in 2000. In announcing the initial specifications for the bidding for basic-services licenses Friday, Communication...